Wednesday, June 19, 2019 7:30:02 AM
Dr. David Dalton is Chairman, President and CEO of Univec Inc. and subsidiary Physician and Pharmaceutical Services Inc. (PPSI). Dr. David Dalton has spent his professional career in the pharmaceutical industry, bringing 45 years of experience to his profession. He received a B.S. in pharmacy from West Virginia in 1971 and was honored as one of the top ten graduates over a 100 - year span. Dr.Dalton became a Doctor of Pharmacy in 1974. He served in several capacities with Rite Aid Corporation from 1971 to 1989 including Corporate Vice President. He left Rite Aid Corporation to acquire Peoples Drug Stores with an investment Group inclusive of Robert Bass of Texas. Dr. Dalton served as Senior Vice President.
Dr. Dalton then acquired Sherman Management Group, one of the first worker compensation pharmacy benefit management companies in the United States and Medical Service Agency, where he served as Chairman, President, and CEO, which he merged in November of 1994 to MEDNET, a national Pharmacy Benefit Management Company (PBM) listed on NASDAQ.
Dr. Dalton served as Executive Vice President of MEDNET and President of Medi-Claim (a wholly owned subsidiary of MEDNET). Dr. Dalton’s next venture, Managed Care Rx, a National Specialty care pharmaceutical provider for assisted living facilities, nursing homes, and prisons, was merged with, a subsidiary of Bergen Brunswick, a drug wholesale company with sales in excess of $14 billion.
His next venture, Health Resources, Inc. for which he is Founder, President and CEO is a national pharmacy benefit management company that has contracted with over 70,000 retail pharmacies for the fulfillment of prescription orders and Pharmacy Services, Inc. a nationwide prescription mail service company. HRI had a revenue of $182 million in 2017.
Dr. Dalton is one of the original members and directors of the National Council of Prescription Drug Programs (NCPDP) and responsible for the standards that pharmacies use across the United States to transmit prescriptions.
Dr. Dalton has served as a board member on such organizations as Blue Shield of Pennsylvania, United Way, National Health Association, National Association of Chain Drug Stores, (NACDS).
He has been a visiting professor and lectures at several schools of pharmacy throughout the United States and Past President of West Virginia University School of Pharmacy Presidential Committee.
Dr. Dalton has received national and local recognition by the President and Senate of the United States including the Medal of Freedom the highest honor given by the United States Senate. In addition the University of West Virginia recognized him as a Distinguished Alumni and again honored him as Outstanding Alumni of West Virginia School of Pharmacy and Outstanding Service recognition to the School of Pharmacy of West Virginia University. Dr.Dalton was inducted into the Black CEO Hall of Fame in 2006.
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